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Business News
US stocks move higher as Fed's Yellen signals caution
Investors welcomed the latest signals from the Federal Reserve on interest rates, sending U.S. stocks higher in afternoon trading Wednesday. In her semiannual report to Congress, Fed Chair Janet Yellen said the central bank would likely move more slowly to raise interest rates if the economy disappoints. Health care and technology stocks were among the biggest gainers, helping set the market up for its first gain after three days of losses....
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Yellen: Slower rate hikes if economy disappoints
WASHINGTON (AP) -- The widening fallout from global economic woes may compel the Federal Reserve to slow the pace of future rate hikes, but it doesn't see any immediate need to reverse course and lower rates, Chair Janet Yellen told lawmakers Wednesday....
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Burger King's next conquest: Hot dog king
NEW YORK (AP) -- Burger King is looking for a new crown: Hot Dog King....
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VW, Audi recall 850,000 vehicles to fix air bag inflators
FRANKFURT, Germany (AP) -- Volkswagen and Audi say they are recalling 850,000 vehicles with suspect air bag inflators in the United States....
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NRF forecasts retail sales growth of 3.1 percent in 2016
NEW YORK (AP) -- The National Retail Federation is forecasting retail spending growth of 3.1 percent in 2016, a slowdown from the group's annual estimate a year ago....
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